Brown & Brown Declares $0.165 Quarterly Dividend
Brown & Brown, Inc., an insurance brokerage firm, announced a regular quarterly cash dividend of $0.165 per share. The dividend is payable May 20, 2026, to shareholders of record as of May 11, 2026.
Brown & Brown, Inc. (NYSE: BRO), an insurance brokerage and risk management firm, declared a regular quarterly cash dividend of $0.165 per share, the company announced April 27. The Board of Directors approved the payment at its regular meeting. Read more dividend announcements.
Shareholders of record as of May 11, 2026, will receive the dividend on May 20, 2026. The company did not disclose an ex-dividend date.
| Dividend Details | |
|---|---|
| Amount | $0.165 per share |
| Record Date | May 11, 2026 |
| Payment Date | May 20, 2026 |
| Frequency | Quarterly |
First Quarter Financial Performance
The dividend announcement came alongside Brown & Brown's first quarter 2026 financial results. The Daytona Beach, Florida-based company reported total revenues of $1.9 billion for the quarter ended March 31, 2026, an increase of 35.4% compared to the same period in 2025.
Net income attributable to the company reached $426 million, up $95 million or 28.7% year-over-year. Diluted net income per share came in at $1.06, down 7.8% from the prior year quarter, while adjusted diluted net income per share rose to $1.39, an increase of 7.8%.
Organic revenue remained flat compared to the first quarter of 2025, while organic revenue with contingents grew 2.2%. The company's EBITDAC margin on an adjusted basis expanded to 38.5% from 38.1% in the year-ago period.
"Our teammates continue to deliver for our customers in a challenging growth environment," said J. Powell Brown, president and chief executive officer.